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Bridgeport Mayor Announces Retirement Incentives For City Employees

Joe Ganim
Joe Ganim Photo Credit: Meredith Guinness

BRIDGEPORT, Conn. – Bridgeport Mayor Joe Ganim announced the first step in a plan to make up a budget deficit of $20 million, which includes unpaid furloughs for appointed staff and early retirement incentives for city employees.

“The fiscal reality my administration inherited has forced our city government to make some very difficult choices,” said Ganim in a statement. “The bottom line is we need to achieve some real savings and reduce our personnel costs.

Ganim also hopes to get concessions from local labor unions.

“These are good-faith efforts to cut spending in a responsible way, and my message to organized labor is one of partnership. We are all in this together.” Ganim said.

More details are expected to be released after Ganim presents a proposed 2017 budget Monday to the Bridgeport City Council.

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